Labor cost by country: the latest data

* indicates monthly or quarterly data series
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* indicates monthly or quarterly data series
The index reflects the level of the total compensation of employees in the economy. The changes in the next to last column show the percent change in the index from three months ago (or the previous quarter if the data are quarterly) and the last column shows the percent change from the same month (or quarter) last year.

Definition: The index reflects the level of the total compensation of employees in the economy. Labor costs are defined as core expenditure borne by employers for the purpose of employing staff. They include employee compensation, with wages and salaries in cash and in kind, employers' social security contributions and employment taxes regarded as labor costs minus any subsidies received.

Countries Latest available value Reference date Change three months Change twelve months
Albania 143.63 Q4 / 2022 7.14% 10.83%
Australia 144.30 Q1 / 2023 0.84% 3.66%
Austria 125.60 Q4 / 2022 0.96% 3.46%
Azerbaijan 274.22 Q4 / 2022 1.45% 14.66%
Belarus 276.89 Mar / 2023 -5.29% 13.20%
Belgium 116.50 Q4 / 2022 1.04% 7.18%
Bolivia 404.34 Q4 / 2022 -0.05% 2.37%
Bosnia and Herzegovina 183.10 Dec / 2022 3.27% 14.08%
Bulgaria 190.60 Q4 / 2022 4.90% 18.31%
Canada 152.04 Q4 / 2022 0.80% 8.65%
Chile 149.82 Mar / 2023 3.19% 11.20%
China 204.02 Q4 / 2019 4.29% 3.20%
Croatia 128.00 Q4 / 2022 0.23% 8.02%
Cyprus 121.80 Q4 / 2022 0.41% 5.36%
Czechia 142.70 Q4 / 2022 1.93% 2.66%
Denmark 113.20 Q4 / 2022 0.44% 4.43%
Estonia 150.20 Q4 / 2022 3.37% 11.01%
Euro area 119.50 Q4 / 2022 1.79% 5.57%
Finland 109.70 Q4 / 2022 2.05% 3.49%
France 115.20 Q4 / 2022 1.41% 4.63%
Georgia 222.97 Q4 / 2022 11.20% 21.17%
Germany 124.50 Q4 / 2022 3.06% 7.33%
Greece 129.20 Q4 / 2022 0.00% 11.38%
Hong Kong 257.50 Q4 / 2022 0.55% 2.59%
Hungary 176.80 Q4 / 2022 3.57% 13.77%
Iceland 144.40 Q1 / 2022 3.81% 6.96%
Ireland 122.70 Q4 / 2022 1.07% 8.20%
Italy 110.70 Q4 / 2022 1.37% 2.69%
Japan 101.10 Mar / 2023 0.90% 0.60%
Latvia 155.20 Q4 / 2022 3.88% 7.18%
Lithuania 176.30 Q4 / 2022 3.89% 15.38%
Luxembourg 116.50 Q4 / 2022 -0.26% 2.55%
North Macedonia 246.95 Mar / 2023 1.81% 12.68%
Malta 121.80 Q4 / 2022 1.00% 11.23%
Mexico 183.54 Mar / 2023 -14.27% 12.86%
Moldova 268.34 Q4 / 2022 8.37% 18.14%
Mongolia 131.78 Q4 / 2022 11.26% 21.69%
Montenegro 126.30 Mar / 2023 7.78% 11.75%
Netherlands 120.60 Q4 / 2022 1.09% 7.20%
New Zealand 1327.00 Q1 / 2023 0.99% 4.32%
Norway 121.00 Q1 / 2023 0.25% 3.86%
Poland 158.60 Q4 / 2022 -0.25% 10.45%
Portugal 122.00 Q4 / 2022 0.33% 4.01%
Romania 198.10 Q4 / 2022 3.72% 14.51%
Russia 117.09 Oct / 2021 -0.94% 10.32%
Rwanda 118.35 Q4 / 2022 -11.33% 7.09%
Samoa 120.10 Q4 / 2022 1.56% 0.30%
Serbia 164.50 Q4 / 2022 4.11% 15.36%
Slovakia 153.10 Q4 / 2022 2.61% 6.62%
Slovenia 140.90 Q4 / 2022 6.82% 11.30%
South Africa 137.60 Q3 / 2022 0.15% 1.93%
South Korea 138.20 Q4 / 2022 -2.47% 6.06%
Spain 113.10 Q4 / 2022 0.62% 2.82%
Sweden 117.60 Q4 / 2022 0.68% 3.16%
Taiwan 115.86 Mar / 2023 1.10% 2.40%
Tajikistan 122.72 Mar / 2019 -6.22% 11.12%
Thailand 117.09 Q4 / 2022 1.66% 1.67%
Turkey 864.07 Q1 / 2023 54.59% 124.37%
USA 170.36 Q1 / 2023 1.59% 7.20%
Ukraine 4541.22 Jan / 2022 3.79% 18.16%
United Kingdom 204.68 Mar / 2023 1.59% 4.91%
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